IMF calls for lease or sale of government-owned enterprises including utility stores

—-File photo

The International Monetary Fund (IMF) called for the leasing or sale of government-owned enterprises, including utility stores.

According to sources, IMF has suggested that utility stores should be handed over to the private sector, BISP budget should be increased.

The IMF has said that state-owned enterprise leadership is detrimental to the economy in the current economic climate.

Whether utility stores should be abolished or handed over to the private sector, there are various proposals from the Industries Ministry.

The caretaker government did not respond to the IMF on privatization or liquidation of utility stores.

Sources say that the proposal to increase the annual budget of BISP by abolishing utility stores is also under consideration, the Ministry of Industries and Production has not yet reached any conclusion for utility stores.

According to sources in the Ministry of Industries and Production, it is difficult to take a final decision on utility stores during the caretaker government.

setTimeout(function(){
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version=’2.0′;
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window,document,’script’,
‘https://connect.facebook.net/en_US/fbevents.js’);
fbq(‘init’, ‘836181349842357’);
fbq(‘track’, ‘PageView’);
}, 6000);

/*setTimeout(function(){
(function (d, s, id) {
var js, fjs = d.getElementsByTagName(s)[0];
if (d.getElementById(id)) return;
js = d.createElement(s);
js.id = id;
js.src = “//connect.facebook.net/en_US/sdk.js#xfbml=1&version=v2.11&appId=580305968816694”;
fjs.parentNode.insertBefore(js, fjs);
}(document, ‘script’, ‘facebook-jssdk’));
}, 4000);*/

Please complete the required fields.
We are seeking your cooperation to ensure transparency, accuracy and accountability to our readership whenever we make an error or need to clarify /correct the post.




By admin

Leave a Reply

Your email address will not be published. Required fields are marked *